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Search Results 0 to 18 of about 19 (some duplicates have been removed)
environment will remain unfavorable. in addition, the committee believes that the effective supply capacity of the economy is likely to continue to grow slowly over the forecast period. in october, cpi inflation picked up to 2.7%, partly as a result of higher university tuition fees. the committee's best collective judgment of the outlook for cpi inflation is summarized in chart 3 on page 8 of the report and is based on the same assumptions about monetary policy as chart 1. inflation is likely to remain above target for the first part of the forecast period and is higher than in august reflecting recent outturns and the announcement of large increases in household energy prices. further declines in inflation not being checked by price increases in sectors where market influences are weak. the rising student tuition fees alone added over not .3 percentage points to yesterday's inflation figure and do pestic gas and electricity prices are raising faster than wholesale energy prices. such factors are pushing inflation -- >> the point mervyn king is making there that part of the reason inflatio
. >>> environment 58 researchers from southeast asia are sounding the alarm over marine pollution. they gathered in jakarta to share their research into the state of local seas. the indonesian government organized the seminar with the japan sociy fo the pmoti of science. about 150 people attended. japanese researchers say they found plastic garbage last year in the stomach of a seal of indones indonesia's island. they say the garbage can easily accumulate on the deep sea floor as currents are weak. some researchers say they found metals in the seabed in the manila bay and others reported finding chemicals in the java sea much indonesia. >>> emerging economic powers stilltruggling with poverty. emboldened citizens demanding democracy, the threat of violence, the push for peace, the shadow of conflict. get news and insight on south and southeast asia every weekday live from bangkok, only on nhk world "newsline". >>> the mayor of an island in the east china sea is trying to diffuse a dispute over fishing rights. he is visiting taiwan to talk about access to waters off the senkaku islands. he admini
" cramer gave you ideas for keeping your portfolio airborne in this environment. what sky high advice is he about to give right now? jim's mad dash is coming up next and romney for president policy adviser lanhee chen. take a look at futures as we start into the open bouncing off three month lows. "squawk on the street" continues right after this. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> jim and his mad dash talking. this week is a watershed week for nat gas in general. >> cold in new york. 28 degrees. that often can burn off the inventory. clean energy fuels had them on last night. why focus on this? they have a clear growth path to build out stations. lloyd blankfein said in his editorial that key thing for growth in our country is energy. abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they d
% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have about 30% cash. i took out another about 20%. we're about 50% today in cash. i don't think the fiscal cliff is going to happen. i think they're going to punt. i don't think anybody in washington, d.c. has the meatballs or spaghetti to care about cutting our debt and deficits. you know, the only thin
should be positioning your portfolio in this environment of uncertainty. he manages more than $14 billion for westfield capital. and will, i know you've got interesting thoughts about what's working right now and what people should be doing. which is great, we hear from a lot of people who freeze up at this point, keep things in cash. but you're looking specifically at stocks that might benefit from things like an improvement in the housing industry, which is something we heard yesterday from home depot. >> yeah, exactly. i think the one big difference with the debt ceiling negotiation, for example, the republicans had an incentive to make the current administration look bad because they're trying to win an election, right? well, now with the election over, i think there's an incentive for them not to obstruct. and so i do think something will get done. it'll most likely be a minor deal to buy some time and maybe we get a major deal in 2013. but at the end of the day, i think there'll be some fiscal drag in the first half of '13. rather than sitting cash where you get zero, what can you d
not to destroy the world's environment, which they will do if other things being equal. and so we want to work with them on avoiding environmental just destruction. we want them to continue bringing people from rural poverty to sort of urban working classness, which is what they've been doing. we want them to grow up in both international and domestic ways. grow up internationally in having a foreign policy that's not just whatever's good for them commercially, which is what their foreign policy is now. and to say, "okay, you have to play a role in iran and syria or whatever, being responsible." domestically, we want them to gain confidence so they don't have to have their foot on their people's neck. most of the time in china you don't know the government's around. just kind of a sort of state of chaos -- >> really? >> and, yeah. >> i mean, not like russia, the soviet union -- >> oh, it's -- >> not that blanket -- >> entirely different. it's most of the time the areas the government cares about, the internet, democratic protest or whatever, taiwan, tibet, they're all over. when it doesn't inv
, while the market to just digest and trade under normal environment. we may not see a lot of volatility, that is not such a horrible thing in the market not selling off 20 handles anytime anybody opens their mouth. what we don't need is more talk. just the way it is. liz: mark sebastian did not even drink red bull today, the traders are so anxious and tired of seeing their ability to trade on real fundamentals, isn't that correct? the news they have made the market look so much higher. >> there's a lot of positive news. housing market, it was not that bad. i think fundamentally if we get a deal done i agree, we are going right to 1500. i was actually surprised the big fiscal cliff caught us by surprise so bad. liz: we want to bring in the very people talking about that, sunamerica funds vp and mariner wealth advisor cio. you do have a feeling of cautiousness about you, did you believe the s&p could very well hit. 1530? >> yes. he has his bullhorns on today. what happened to our romney bump? you said it was debatable to president obama coming out today $1.6 trillion digestion of the tax
environment, and taxes is one of them. reform the tax code. when you do that, you get more revenue. guaranteed almost. i mean, it's, again, it's as i said earlier, there's opportunities here, and this is an opportunity for us as a country, and as you look at the budget analysis, joint tax committee analysis of what tax reform could be in terms of economic and growth, i mean, all of them will lead to more growth whether it's corporate tax reform or individual tax reform. >> right, but if the president insists, said last friday, he said this was fought over in the campaign, and we fought over tax rates, rising tax rates, he didn't use the word "rates" himself, but the press secretary said the president would veto any bill that extends tax rates. if he insists rates go up for those making over $250,000, what would your recommendation be to the republican congress in the senate? >> working in two white houses, i believe a president has a veto over the press secretary, thank goodness, because i like the president's comments better than jay carney's comments. i think he was behind the curve on that,
are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we follow gree
so well and been so vocal in demanding both safe, affordable food and an environment worth living in. china's leaders will need to show creativity and balance to meet those demands. the chinese people are watching to see that they do. >> ifill: mary kay magistad writes about exploding watermelons and other food safety challenges for chinese consumers in a blog post. we also have a slide-show of images from china's burgeoning meat industry. you can find both links on our web site. again, the major developments of the day. marine general john allen, the top commander in afghanistan, came under scrutiny over e-mails and messages with a florida woman who triggered the david petraeus probe. and congress returned to work in a lame-duck session. lawmakers faced the challenge of preventing major tax hikes and spending cuts in the new year. tonight's edition of "frontline" explores the polarizing issue of assisted suicide. kwame holman has the details. >> holman: in "the suicide plan," filmmakers uncover a surprisingly coordinated underground world of assisted suicide in america. watch a prev
sorts of things. but also along with training them, you have to create an institution and environment were you see guys going to happen and it's not necessarily a career ender when it happened. but we are working on it and i think we've gotten better because it's absolutely essential that we do. briefly in the demographics, one of the things i noticed was about 70% are public diplomacy dollars were spent if you do it demographically on an over the age we flipped out because looking at the world and the way it is, the fact of the matter is you have a far better opportunity employment being a planting seeds of the younger demographic, paul said it is difficult when someone reaches 40, 50, 62 change their perception of their ideas. when they are younger you have an ability to do it. if we can have a good conversation with a young girl in pakistan, 15 or 16 years old, she will be able to change the perception of the united states and her family and her community and away we never could. so it's a wise estimate, not just for the future, but frankly for right now. >> so with a clash of tech
countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said the president will veto any bill that extends the current tax rates. if he insists that tax rates go up for those making over $250,000, what's, what would your recommendation be to the republican congress and senate? >> first having worked in two white houses i believe a president does have a veto over the press secretary. thank goodness b
investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would your recommendation before the conference in the senate? >> working in to white house is i believe a president does have a veto because i like the president's comments better than jay carney's comments. i think jay carney mabey was a little behind the curve on that because look, it makes no sense to ta
Search Results 0 to 18 of about 19 (some duplicates have been removed)